Every Spin-Off
Hanwha Industrial Solutions (now Hanwha Vision)
489790 KSCompletedKRMakes security and CCTV cameras and video-surveillance systems (Hanwha Vision), plus chip-packaging and electronics-assembly machines through Hanwha Semitech.
Hanwha Aerospace spun off its non-defence holdings (Hanwha Vision and Hanwha Precision Machinery) into Hanwha Industrial Solutions at roughly 9:1 (0.997203 new shares per Hanwha Aerospace share, with a 10:1 par-value difference), re-listed on KOSPI and later renamed Hanwha Vision after absorbing that subsidiary.
- Distribution date
- 27 Sep 2024
- Structure
- Spin-off
- Parent
- Hanwha Aerospace (012450 KS)
- Spin-off ticker
- 489790 KS
- Listing
- KOSPI
- Market
- South Korea
- Sector
- Information technology
- Size
- small
Source documents
- Press releaseHanwha Industrial Solutions re-lists on KOSPI (09/27/24)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcedealsite.co.kr (split terms, 04/05/24)
- Sourcekoreajoongangdaily.com (KRX approval, 06/14/24)
Every Spin-Off research
No report on this situation yet. New reports are published on Substack first.
Receive reports by email